Tag : consumer lending

Bellwether Community Credit Union Selects Upstart for Personal Lending
Lending News

Bellwether Community Credit Union Selects Upstart for Personal Lending

Fintech News Desk
by Fintech News Desk0
Bellwether Community Credit Union, a not-for-profit, New Hampshire-based credit union serving approximately 30,000 members, recently announced its partnership with Upstart, a leading artificial intelligence (AI) lending platform, to offer AI-powered personal loans to consumers residing or working in New Hampshire and Essex and Middlesex counties in Massachusetts. “Our focus is......
PowerPay Launches Healthcare Financing For Medical Professionals
Fintech Lending News

PowerPay Launches Healthcare Financing For Medical Professionals

Fintech News Desk
by Fintech News Desk0
PowerPay, a financial technology company that provides consumer lending for home improvements, announced the launch of the company’s newest vertical—healthcare financing. The new program will provide patient financing for cosmetic surgery, dentistry, fertility treatments, medical spa services, vision correction, and related elective procedures. PowerPay has seen tremendous growth in the......
Banks and Credit Unions Lose Scale on Loans as Fintechs Grow
Banking Fintech News

Banks and Credit Unions Lose Scale on Loans as Fintechs Grow

Fintech News Desk
by Fintech News Desk0
New research from Mercator Advisory Group explores current trends and opportunities in installment lending for fintechs and financial institutions Mercator Advisory Group released a report on trends in installment lending titled Installment Lending: Fintechs Gaining Ground on Loans Forecast at $212 Billion. The research explains the state of consumer installment lending......
Sandbox Banking Announces Alliance Partnership with Upstart
Banking Lending News

Sandbox Banking Announces Alliance Partnership with Upstart

Fintech News Desk
by Fintech News Desk0
Sandbox Banking, a BaaS infrastructure company, and Upstart, a leading artificial intelligence (AI) lending platform, announced a partnership that will enable Upstart to help its bank and credit union partners to more efficiently integrate Upstart loan and borrower data into their core and CRM systems. Sandbox Banking enables banks and......
Aquila Expands Across Lending Vertical With Acquisition of Tekambi
Lending News

Aquila Expands Across Lending Vertical With Acquisition of Tekambi

Fintech News Desk
by Fintech News Desk0
Aquila announced the acquisition of Lead Envy, LLC, a fintech provider offering underwriting and decisioning software solutions in the consumer lending industry. Established in 2018, Tekambi is a customer-focused online lead management system for alternative credit lenders. With reliability and flexibility at its core, Tekambi is a robust plug-and-play solution......
Parthenon Makes Additional Investment in CardWorks
Investment Services News

Parthenon Makes Additional Investment in CardWorks

Fintech News Desk
by Fintech News Desk0
Parthenon Capital is pleased to announce that it has made an additional investment in CardWorks, Inc., the parent company of CardWorks Servicing, Merrick Bank and Carson Smithfield. In connection with the transaction, Parthenon’s co-CEO and managing partner, Brian Golson, will join CardWorks’ Board of Directors. “Having known Don Berman and......
loanDepot Names Elijah Pallante as Chief Data Officer
Lending News

loanDepot Names Elijah Pallante as Chief Data Officer

Fintech News Desk
by Fintech News Desk0
Newly created role will lead the company’s enterprise data and information strategy loanDepot, Inc., the innovative consumer lending and real estate services provider that is using its proprietary mello technology to deliver best-in-class experiences to its customers, announced that Elijah Pallante has been promoted to Chief Data Officer. In this newly......
ZeroPay Goes Live With Scienaptic’s AI-Powered Credit Decisioning Platform
E-commerce News Risk Management

ZeroPay Goes Live With Scienaptic’s AI-Powered Credit Decisioning Platform

Fintech News Desk
by Fintech News Desk0
AI platform empowers ZeroPay to extend credit to consumers in BNPL segment Leading AI-powered credit decisioning disruptor Scienaptic announced that ZeroPay is now live on its platform. The platform will enable ZeroPay to make very accurate credit decisions and limit assignment in the Buy Now, Pay Later (BNPL) segment. “This platform will allow us to make......
Pagaya Technologies Announces Upsized $350 Million PIPE to Further Accelerate Growth
Fintech News

Pagaya Technologies Announces Upsized $350 Million PIPE to Further Accelerate Growth

Fintech News Desk
by Fintech News Desk0
New PIPE Investors Include: Tiger Global, Whale Rock, GIC – Singapore’s Sovereign Wealth Fund, Healthcare of Ontario Pension Plan (HOOPP) and G Squared Pagaya Technologies Ltd., a B2B2C financial technology company enabling its financial services partners to serve more customers through its artificial intelligence partner network, announced an upsized $350......
New MeridianLink Engage Functionality Enables Financial Institutions to Drive Growth through More Personalized End-to-End Consumer Lending Campaigns
Lending News

New MeridianLink Engage Functionality Enables Financial Institutions to Drive Growth through More Personalized End-to-End Consumer Lending Campaigns

Fintech News Desk
by Fintech News Desk0
Enhanced offering combines Saylent and MeridianLink capabilities to streamline prescreened lending campaigns and consumer loan opening for financial marketers and lenders MeridianLink, Inc., a leading provider of modern software platforms for financial institutions and consumer reporting agencies, announced the general availability of its enhanced MeridianLink Engage platform. Originally launched by......
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